Bitcoin is likely to go higher

Bitcoin is not an asset everyone has warmed to - but once the steam engine is rolling, it is hard to stop it continuing to roll.

Like the steam engine, which was a major advancement in its day, BTC is a technological breakthrough today, not just for the blockchain concept but also for storing money.
The movement of money is still not as smooth as what perhaps it could be but that will change with major companies adopting the tech.

When the car was invented to replace the horse and cart, many disliked them and some thought it was the devil's work.
The aircraft would no doubt have had similar and probably even stronger negative views.

The purpose of world-changing tech, be it the car, steam engine or bitcoin are to disrupt the norm and current order.
This, and also not understanding them, is why they are often disliked.

I have said many times, the job of the market is to move up with the least amount of investors on board.
This is what BTC, which is a world-changing tech, is doing today.

We have owned BTC and ETH for a few years now.
It was not something we ever attempted to trade, it was a buy-and-hold position.

This year, we have seen EURUSD - which has been one of the bigger movers - rise about 9%.
For that reason, it has been of little benefit to try and trade FX - and that is why we have been trading stocks.
The S&P 500 has risen about 15% and Gold almost 25%.

On the other hand, our positions on BTC and ETH have been rising nicely without any involvement from us.
BTC has moved up 275% YTD.
So that means, on Jan 1 2020 you could have bought some BTC and today almost tripled your money.

After a big move up, expect a pullback or consolidation.
That is something I have found happens all the time during my studies and created that rules for myself and Anne to follow many years back.
BTC has had that pullback or consolidation which means we could soon see higher highs.

Be prepared and do not let this opportunity pass you by.

Let's go trade!